News From Press Life insurance in 2018: This is what will support the industry in new year

Life insurance in 2018: This is what will support the industry in new year

Source: The Financial Express Jan 2, 2018

India’s life insurance industry is poised for higher growth in 2018 aided by low penetration and rising share of financial assets in household savings. The savings habits of Indian households is evolving structurally amid a low-interest rate scenario, thereby bringing to fore the need for life insurance both as a life risk mitigation tool as well as a lucrative investment avenue for the common man.

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